PALACETE VELAZQUEZ, also known as the 'El Capitolio' of Asturias
Investment opportunity in northern Spain in the heart of the CAMINO DE SANTIAGO Primitivo, on the Real Camino de la Mesa and in the 'Milla de Oro' of the Historic Center of Grado (BIC)
One of the most emblematic and exclusive buildings of Indian Architecture and transatlantic success
Built at the end of the 19th and beginning of the 20th century
The Palacete is located in the stately town of GRADO, 'GRAU', the commercial heart of central-western Asturias, strategically connected and 15 minutes from Oviedo (the capital) and 30 min. from the coast and airport
Located in the heart of the urban center, it features 1,800 m² built in a main 4-story building. It stands majestic on a 15,000 m² estate with its own spring.
It also includes an annex building: coach houses and an old chauffeur's house
WHAT MAKES IT UNIQUE
In Indian Eclectic style. It fuses various architectural styles, such as neoclassicism and modernism, even featuring oriental touches that make it even more exquisite. It highlights the contrast between its imposing and majestic image with lightness and joy, evoking everything from colorful Caribbean mansions to opulent European stately constructions.
The Palacete bears the signature of Juan Miguel de la Guardia, one of the most illustrious, influential, and sought-after urban planners and architects of the era. He was key to the urban modernization of Oviedo, and in the design of the most iconic bourgeois buildings and the most spectacular Indian mansions in the region.
IT IS IMPORTANT TO KNOW
This unique property is included in the Urbanistic Catalogue of Grado due to its Historical and Artistic interest.
Located in the Historic Center of Grado (Heritage of Cultural Interest).
Protection Grade: Integral
Current use: Family residence
Compatible uses: Commercial, linked to Service Use, Hotel, Offices, Hotel services, Meeting and recreation, Educational, Sports, Healthcare-assistance, Garage-parking
It features wide urban planning flexibility that authorizes a change from its original use toward high-profitability activities. A request for a Rehabilitation Project or Adaptation license can be processed with the Grado City Council.
*Art. 296 Urban Planning Regulations Grado Municipal Development Plan.
*Compatible uses are non-binding and subject to approval by the corresponding bodies.
SURROUNDINGS
'Grau' stands out for its excellent quality of life, its medieval and Indian history, its traditional market of medieval origin, and its natural and landscape richness. Its Historic Center is listed as a Heritage of Cultural Interest. It is a mandatory stop on the Camino de Santiago Primitivo and on the historic Camin Real de la Mesa. It is a gateway to Natural Paradises such as the Somiedo Natural Park and Valle del Oso.
A SMART INVESTMENT
The Palacete is a unique asset with high historical and artistic value.
A monument of 1,800 m² built on a 1.5 Ha plot, strategically located in an area of commercial and tourist growth, in the most dynamic area of central-western Asturias.
A symbolic Indian jewel that features wide urban planning flexibility authorizing a change from its original use toward high-profitability activities: hotel, tertiary and corporate, endowment and institutional use.
This historical jewel offers a unique and unrepeatable investment opportunity to lead a premium project in Asturias.
REMAINING BUILDABLE LAND
Of the 1.5 hectares of urban land, there is a remainder on the highest part of the estate consisting of 2,300 m² of buildable land; this offers one of the most profitable real estate operations in Asturias: the development of single-family houses in a town with very high residential demand due to its historical value, commercial value, quality of life, and proximity—only 15 minutes from Oviedo.
Undoubtedly an added value to this property, given that legal viability exists subject to the segreg
Characteristics
